NOT LISTED FOR SALE

Estimated Value: $848,000 - $929,826

5 Beds
3 Baths
3,046 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $580,000 $190 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,582/month

7 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • 1-minute walk to Patten Park
  • Wood Flooring

About This Home

As of August 2018

Beautiful move in ready updated two family! First floor unit with five rooms and two bedrooms. Newly refinished hardwood floors. Decorative built-ins. Second and third floor owner's unit with newly updated third floor master bedroom suite with an updated bathroom and washer-dryer in unit. Third floor 2018 gas furnace and central AC. Maintenance free exterior. Replacement windows. 2012 Roof. New wood fenced in patio. Two separate 2012 Burnham gas boilers for first and second floors. Washer dryer also in basement. On demand tankless water heaters Updated electric to 200 amps and updated electric throughout house. One car garage and three car driveway parking. Perfect for owner occupant or investors! Located 1 mile from downtown Salem with all it has to offer: Peabody Essex Museum, restaurants, live entertainment, Salem Cinema, shops, Pickering Wharf and train or ferry to Boston.

Last Agent to Sell the Property

Andrea Dodge

Coldwell Banker Realty - Marblehead Listed on: 07/18/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,050

Year Built

  • Built in 1890

Lot Details

  • 3,485

Parking

  • 1 Car Garage

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:27 L:0058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,050

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 183.52
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor
  • Main Lo: K95001
  • Main So: H11111
  • Estimated Sq Ft: 3046.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Patio - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling Zones: 1
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 431300.00
  • Acre: 0.08
  • Lot Size: 3553.00
  • Page: 366
  • Parcel Number: M:27 L:0058
  • Zoning: R2
  • Lot Description: Corner, Paved Drive, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 1650
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6633.00
  • Assessor Parcel Number: 2132994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2022
Sold by
Mcmahon Thomas R
Bought by
33 School Street Llc
Current Estimated Value
$887,707

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 30, 2018
Sold by
Broderick Emily M and Broderick Michael W
Bought by
Mcmahon Thomas R
Seller's Agent
Andrea Dodge
Coldwell Banker Realty - Marblehead
Buyer's Agent
Non Member
Non Member Office
List Price
$559,000
Sold Price
$580,000
Premium/Discount to List
$21,000
3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$520,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 28, 2016
Sold by
William J Lyons
Bought by
Broderick Emily and Broderick Michael
Seller's Agent
Douglas Desrocher
Desrocher Real Estate
Buyer's Agent
Patrick Runne
Armstrong Field Real Estate
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$441,849
Interest Rate
3.48%

Purchase Details

Closed on
Jan 1, 1977
Bought by
Lyons William J and Lyons Jeannette M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
33 School Street Llc -- None Available
Mcmahon Thomas R $580,000 --
Broderick Emily -- --
Lyons William J $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Thomas R $516,000
Previous Owner Mcmahon Thomas R $520,000
Previous Owner Lyons William J $441,849
Previous Owner Lyons William J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $580,000 +3.8% $190 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $559,000 +24.2% $184 / Sq Ft
07/28/2016 07/28/16 Sold $450,000 -2.2% $166 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $459,900 0.0% $169 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $459,900 -- $169 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,050 $798,100 $197,800 $600,300
2024 $8,340 $717,700 $187,900 $529,800
2023 $8,144 $651,000 $173,500 $477,500
2022 $8,133 $613,800 $167,700 $446,100
2021 $7,700 $558,000 $156,100 $401,900
2020 $7,270 $503,100 $147,500 $355,600
2019 $7,194 $476,400 $139,900 $336,500
2018 $6,633 $431,300 $133,000 $298,300
2017 $6,206 $391,300 $112,200 $279,100
2016 $6,050 $386,100 $107,000 $279,100
2015 $5,707 $347,800 $98,300 $249,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72364614

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000058